This guide is designed to help you understand the steps to take in the hours and days following a car accident. If you have any questions not covered by the guide, please don’t hesitate to contact us right away.
Rejecting an Offer from the Insurance Company
Auto accidents remain a serious problem in the state of Ohio. The Ohio Department of Public Safety (ODPS) reports that there were at least 32,572 accidents in 2015 in Cuyahoga County. These wrecks led to more than 12,000 reported injuries. Many of these injuries incapacitated the victim.
In Ohio, injured victims are entitled to compensation for the full value of their losses. However, insurance companies often try to find ways to limit their liability and financial recovery.
As the injured victim of a car crash, you will receive an offer from the insurance company. If it is too low, it is imperative that you reject it. There are no second chances. For help, let’s get some advice from the Tittle & Perlmuter:
Analyze the Settlement Offer
Victims must understand the true value of their personal injury claim. You will not be able to reject a low settlement offer unless you actually know how much your case is worth. Under Ohio law, injured victims can recover compensation for the full extent of their losses. This includes financial relief for both direct monetary losses. It includes medical bills and lost wages and any non-economic losses. Examples could be disfigurement or pain and suffering.
When considering a settlement offer, ask yourself the following question:
Does this settlement offer include compensation that accounts for all of my damages? If it does not, then you need to reject that settlement offer.
Do Not Let the Insurance Adjuster Mislead You
Insurance adjusters use many different strategies and tactics to try to push victims into low settlement agreements. One tactic involves an insurance adjuster mentioning that they only have so much ‘authority’ to settle your claim. This is a false and misleading strategy. And it is insurance adjusters use the tactic to gain an advantage over victims. Insurance adjusters are trying to set a ceiling on the value of your claim. Do not let them set a false ceiling. The ‘limit’ is the full value of your damages. Do not settle your claim for any less than that amount.
Make Your Counter Offer in Writing
You always want to keep your claim moving forward. When you receive a low offer, you need to respond to that offer in writing. Specifically, your response should always include the following three things:
- A clear statement that you reject the settlement offer that you received;
- A list of specific reasons why that explain why the offer is too low; and
- A demand for a better offer.
An experienced personal injury attorney should draft your offer. They make a compelling argument on your behalf. When you have legal representation, the insurance company knows that it needs to take your claim seriously.
Get Legal Assistance Today
At Tittle & Perlmuter, our Cleveland auto accident attorneys can help you obtain a full and fair settlement offer. Do not settle for a penny less than you deserve. Please contact our team today to schedule a free, no-obligation review of your case. From our offices in Cleveland, Lakewood, and Elyria, we serve communities throughout Northeastern Ohio.